YEARLY HIGH
1449.9508 MGA
YEARLY LOW
1276.2625 MGA
YEARLY AVERAGE
1358.8828 MGA

2020 TND to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TND to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 1449.9508. Conversely, the yearly low was recorded on March 16, dropping to 1276.2625.

This high-to-low spread represents a total annual volatility of 173.6882 MGA. From a start-to-finish perspective, comparing the January average rate of 1308.7260 to the December average rate of 1413.5437, the exchange rate registered a net change of 8.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1449.9508 was up 8.87% compared to the 2019 peak of 1331.7859, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 TND based on timing:

Yearly Peak High 7,249,754 MGA
2019 Average 6,216,916 MGA
Yearly Trough Low 6,381,313 MGA
Transaction Impact: A difference of 868,441.18 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1440.1102
1289.5310
JanuMarcMayJulySeptNove

TND to MGA Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 1312.2788, compared to 1405.4869 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 93.2081 points.

H1 Avg (Jan–Jun) 1312.2788
H2 Avg (Jul–Dec) 1405.4869

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 77.1304 MGA (High: 1449.9508 / Low: 1372.8204). On the other end, September was the most stable month, with a tight range of 15.9524 MGA (High: 1409.3361 / Low: 1393.3837).

December Spread (Volatile) ±77.1304
September Spread (Stable) ±15.9524

Growth Streaks & Declines

Trends

Between March and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 14.0182 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -14.0182

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 1413.5437) against the same month in 2019 (average: 1270.6172), the exchange rate shifted by +142.9265 (+11.25%).

2020 Avg (December) 1413.5437
2019 Avg (December) 1270.6172

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1336.9183 1280.3532 1308.7260
February 1312.4099 1285.4610 1302.9730
March 1318.6215 1276.2625 1302.0792
April 1317.8476 1291.1000 1302.1589
May 1326.2168 1301.9064 1314.9297
June 1357.4197 1321.2710 1342.8058
July 1394.2135 1341.8252 1365.1687
August 1415.0346 1366.0447 1402.4516
September 1409.3361 1393.3837 1402.8661
October 1434.5379 1409.2950 1421.3292
November 1447.0567 1383.8472 1427.5619
December 1449.9508 1372.8204 1413.5437